|
|
|
Homeowner Get 122K in Hidden Cash, Court Says
Court News |
2008/09/30 07:10
|
The $122,000 cash that an electrician found hidden in a ceiling belongs to the woman who bought the home, not the seller's estate, the Oregon Court of Appeals ruled.
Helen Sollars bought a home from the estate of Helene Valoff in Milwaukie, Ore. An electrician found the money more than a year after the purchase.
The trial court ruled that the city should release the disputed money to the estate, because the real estate transfer was not intended to include the money.
Judge Ortega disagreed, citing the language the estate was required to remove personal property and leave other items. So, when the estate left Sollars the refrigerator, stove, and window coverings, it also left her the money.
"Nothing in the requirement that the estate remove all personal property provides any exception based on the parties' knowledge of such property," Ortega wrote. |
|
|
|
|
|
|
 |
Investment Fraud Litigation |
|
|
|
|
Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
|
|
|
| |
| |
| |
|
The content contained on the web site has been prepared by Securities Law News as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case. | Affordable Law Firm Website Design by Law Promo |
|
Legal News RSS Feed
